Author: Jordan

The federal government has launched one of its most ambitious restructurings of financial institutions in recent memory. At the centre of this effort is the Cabinet Committee on Rightsizing, which has instructed the Finance Division to reassess and potentially wind up several state-linked financial bodies that were born out of past policy imperatives but are now redundant or underperforming. At the center of this are seven Joint Investment Companies (JICs) but this initiative also targets several other underperforming financial institutions. The operation itself reflects an uneasy truth of Pakistan’s public finances, where, after decades of chronic deficiencies in revenue generation…

Consumer finance company OneMain Holdings (NYSE:OMF) met Wall Street’s revenue expectations in Q1 CY2026, with sales up 6.6% year on year to $1.26 billion. Its non-GAAP profit of $1.95 per share was 4.9% above analysts’ consensus estimates. Is now the time to buy OMF? Find out in our full research report (it’s free). OneMain (OMF) Q1 CY2026 Highlights: Revenue: $1.26 billion vs analyst estimates of $1.26 billion (6.6% year-on-year growth, in line) Adjusted EPS: $1.95 vs analyst estimates of $1.86 (4.9% beat) Adjusted Operating Income: $305 million vs analyst estimates of $772.6 million (24.2% margin, 60.5% miss) Market Capitalization: $6.54…

Are you a landlord affected by the Renters’ Rights Act? Sign up to Buy-to-let Masterclass, The Telegraph’s new five-part newsletter, for actionable advice and practical tools to make the most of your bricks and mortar.HMRC is cracking down on landlords who use a popular tax avoidance loophole to cut costs.Buy-to-let investors risk being hit with penalties, interest charges and higher tax bills if they use a scheme that promises to bypass mortgage interest relief restrictions and reduce tax on profits, the taxman said.The loophole involves restructuring businesses into limited liability partnerships (LLPs), rather than buying properties in the landlord’s own…

Amex Business Platinum Card’s Benefits Over the Years: 2002 to 2026 Upgraded Points Source link

TradingKey – All eyes are on the VOO stock price as investors contemplate whether broad-market stability or tech-heavy growth provides a better path to 2026. The VOO ETF tracks the S&P 500, and provides exposure to America’s largest companies across all sectors; while the QQQ ETF is heavily weighted towards Nasdaq leader companies such as Microsoft, Nvidia, Apple, and Amazon.Choosing between these ETFs has less to do with which one is “better” overall and more to do with the type of market environment investors expect in the future.The decision is less about which ETF is “better” universally, and more about…

A 1929 Waco CTO Taperwing has been listed for sale by Platinum Fighter Sales, adding another example of the early Waco biplanes to the current warbird market. The aircraft is part of the wider Waco 10 series, a line of three-seat, open-cockpit biplanes first flown in 1927 and produced in large numbers through the early 1930s. Originally built by the Advance Aircraft Company, later known as the Waco Aircraft Company, the type became the firm’s most widely produced design, with more than 1,600 aircraft completed between 1927 and 1933. As production evolved, Waco introduced a new designation system. In the…

New Delhi: The Allahabad High Court has dismissed a plea seeking permission and police protection for offering regular Namaz at an alleged private property in Sambhal district, holding that the right to practise religion does not extend to converting private premises into an “unregulated congregational space”.A Division Bench of Justices Saral Srivastava and Garima Prashad passed the order while rejecting a writ petition filed by one Aseen, who claimed that the authorities were restraining prayers on a parcel of land in the village Ikona. The petitioner asserted ownership over the land on the basis of a registered gift deed dated…

The Mortgage Works will cut rates across selected buy-to-let and HMO products from Wednesday, with reductions of up to 20bps for existing customers. The lender said the changes would apply across its buy-to-let and houses in multiple occupation ranges for existing customers. Selected two-year and five-year fixed rates up to 75% loan-to-value for new customers will also be reduced by up to 10bps across its limited company buy-to-let range. For existing customers, the cuts include a two-year fixed buy-to-let mortgage at 3.59%, reduced by 20bps, with a 3% fee and available up to 65% LTV. A two-year fixed buy-to-let mortgage…

The best personal loans get borrowers their money quickly and at the lowest rates. But with personal loan rates on the rise, learning how to compare your options, vet personal loan lenders, and score affordable monthly payments is key. Here are our picks for the best personal loans in 2026 and how you can find one that you qualify for and that fits your needs. 12 best personal loan lenders SoFi: Best overall Our take: SoFi offers flexible loan amounts, fast funding, and helpful customer support, making it our best overall pick among the lenders we evaluated. Loan amount: $5,000-$100,000…

State pensioners and people planning for their retirement may want to double-check how the DWP rules apply to their payments. It’s important to understand how the benefit works to be sure your payments are correct.The system can be difficult to understand, as there are certain complexities. You build up your state pension entitlement through paying National Insurance, so your payment rate can differ depending on your circumstances.Hannah Martin, pensions expert and founder of the Rich Retiree, shared some thoughts on navigating the DWP system. She said: “With so many different rules, people can be confused about what their exact state…